It was the custom of our party to spend Sunday afternoons in the woods. I kept the first check and showed it as we sat under the trees in a favorite grove we had found near Wood's Run. The effect produced upon my…
It was the custom of our party to spend Sunday afternoons in the woods. I kept the first check and showed it as we sat under the trees in a favorite grove we had found near Wood's Run. The effect produced upon my…
It is thus that, in the progress of improvement, the rent and profit of unimproved pasture come to be regulated in some measure by the rent and profit of what is improved, and these again by the rent and profit of corn. Corn is an annual crop; butcher’s meat, a crop which requires four or five years to grow. As an acre of land, therefore, will produce a much smaller quantity of the one species of food than of the other, the inferiority of the quantity must be compensated by the superiority of the price. If it was more than compensated, more corn-land would be turned into pasture; and if it was not compensated, part of what was in pasture would be brought back into corn.
It was the custom of our party to spend Sunday afternoons in the woods. I kept the first check and showed it as we sat under the trees in a favorite grove we had found near Wood's Run. The effect produced upon my…
I had made up my mind that I wanted to go into the oil trade, not as a special partner, but actively on a larger scale, and with Mr. Andrews wished to buy that business. I thought that I saw great opportunities in…
One of my partners, who had successfully built up a large and prosperous business, was resisting with all his force a plan that some of us favoured, to make some large improvements. The cost of extending the operations of this enterprise was estimated at quite a sum--three million dollars, I think it was. We had talked it over and over again, and with several other associates discussed all the pros and cons; and we had used every argument we could command to show why the plan would not only be profitable, but was indeed necessary to maintain the lead we had. Our old partner was obdurate, he had made up his mind not to yield, and I can see him standing up in his vigorous protest, with his hands in his pockets, his head thrown back, as he shouted "No."